Assertion :Management accounting provides management with information for decision-making. Reason: Management accounting is a branch of cost accounting.

Both Assertion and Reason are correct and Reason is the correct explanation for Assertion

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Assertion is correct but Reason is incorrect

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Assertion is incorrect but Reason is correct

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Assertion is correct but Reason is incorrect
Management accounting is the process of preparing reports about business operations that help managers make short-term and long-term decisions.
There are three branches of accounting
1. Financial Accounting
2. Cost Accounting
3. Financial Accounting.
Therefore, Management accounting is the branch of accounting

The assertion is correct but the Reason is incorrect as cost accounting is the branch of accounting.

Suggest Corrections

Similar questions

H_{2}

H e

(1 + \frac{P b}{R T})

H_{2}

H e

{SiO}_{2}

{CaCO}_{3}

CaO

{CaCO}_{3}

{SiO}_{2}

Assertion – The non-fusible impurities present in iron ore are removed by $C a C O_{3}$ .

Reason: $C a C O_{3}$ which decomposes into $C a O$ and $C O_{2}$ . The $C a O$ formed reacts with $S i O_{2}$ to remove silica

ASSERTION: n-Pentane and n-Hexane belong to a homologous series.

REASON: n-Pentane and n-Hexane belong to the same class of hydrocarbons and they differ by a - $C H_{2}$ - group.

{2n}^{2}

Join BYJU'S Learning Program